The impact of Trump’s statement, which he said would give Syria “a chance at greatness” after the December overthrow of Bashar al-Assad, had an almost immediate effect, as the Syrian pound strengthened against the US dollar by about 25 percent,

US President Donald Trump says he’s ready to ease sanctions on Syria. He won’t be able to do it quickly. The American leader sat down with Syrian counterpart Ahmed Al-Sharaa in Riyadh on Wednesday — the first meeting between heads of the two countries in 25 years — after unexpectedly saying he would drop all sanctions against the war-ravaged country and even look to normalize relations.

President Trump announces a significant policy shift by lifting sanctions on Syria, influenced by Saudi Arabia's crown prince.